NEWS

EU study shows Greek despair

Crisis-hit Greeks are the European Union?s most pessimistic nation as far as the future of their economy is concerned, a Eurobarometer survey carried out in May showed yesterday.

One hundred percent of Greeks questioned in the survey carried out at the request of the European Commission think that the situation of the economy is ?bad? compared to an EU average of 77 percent.

Greece, which is currently in its fifth year of recession, was followed by Spain, Portugal and Ireland, which all scored well over 90 percent. Only 21 percent of Germans said the state of their national economy is ?bad.?

Asked about the fallout from the debt crisis, 77 percent of Greeks said the worst is yet to come. The EU average was 60 percent.

The Spring 2012 Eurobarometer was conducted between May 12 and 27. A total of 32,728 people were interviewed across the 27 member states as well as five candidate states.